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DAX Edges Higher Ahead Of Lagarde Speech

RTTNews | Před 868 dny

DAX Edges Higher Ahead Of Lagarde Speech

(RTTNews) - German stocks opened higher on Monday, tracking a strong rally on Wall Street Friday and encouraging cues from Asian markets.

Underlying sentiment remained supported somewhat by expectations of a pick-up in Chinese consumer spending on eve of the Lunar New Year holidays and comments from Fed officials suggesting they favor a 25-basis-point rate hike at the next meeting.

The euro scaled a nine-month high against the dollar after ECB governing council member Klaas Knot said interest rates would rise by 50 basis points in both February and March and continue climbing in the months after.

The benchmark DAX was up 105 points, or 0.7 percent, at 15,138 after climbing 0.8 percent on Friday.

Euro area consumer confidence survey results and a speech by ECB President Christine Lagarde at an event may sway sentiment as the day progresses.

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FTSE 100 Down Marginally At Noon

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.

RTTNews | Před 35 minutami

CAC 40 Down Slightly In Lackluster Trade

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.

RTTNews | Před 56 minutami

DAX Down Over 0.5% In Cautious Trade

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.

RTTNews | Před 1 h 17 min

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | Před 1 h 27 min

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold

RTTNews | Před 1 h 55 min

European Shares Little Changed Before Sino-US Trade Talks

European Shares Little Changed Before Sino-US Trade Talks

European stocks were subdued on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | Před 2 h 35 min

Asian Shares Mostly Higher On Sino-US Trade Talk Optimism

Asian Shares Mostly Higher On Sino-US Trade Talk Optimism

Asian stocks rose broadly on Monday amid hopes that another round of U.S.-China trade talks that will take place in London later today could help ease trade tensions between the two superpowers.

RTTNews | Před 2 h 57 min

Yen Rises After Japan GDP Data

Yen Rises After Japan GDP Data

The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that an upward revision to Japan's first quarter GDP supporting the interest rate hike expectations.

RTTNews | Před 3 h 58 min

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